PHK News and Press, Pimco High Income Fund From 09/12/20

Co-produced with Beyond Saving We recently wrote an article " Juicing Your Retirement Yield With CEFs " where we discussed the power of CEFs to provide your portfolio with a high-level of current income. One of the CEFs we highlighted in that article was the PIMCO Dynamic Credit Income ...

In our follow-up article focusing on BlackRock Multi-Sector Income Trust ( BIT ), we would like to update our readers on what has been going on in the housing and mortgage markets since the beginning of the COVID-19 pandemic in late February 2020. This CEF has managed to recover all of the los...

Author's note : This article was released to CEF/ETF Income Laboratory members on September 1, 2020. Please check latest data before investing. Chemist's "Quality" Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus...

Photo Source: REUTERS/Brendan McDermid For the month, 70% of all closed-end fund (CEFs) posted net asset value (NYSE: NAV ) -based returns in the black, with 86% of equity CEFs and 58% of fixed income CEFs chalking up returns in the plus column. For the fourth month in a row, Lipperȁ...

Coverage and UNII Update The new report came out with a lot of questions surrounding the low coverage ratios. It led to a significant sell off in some of the funds: PIMCO Income Opp ( PKO ): -2.66% PIMCO Dynamic Income ( PDI ): -1.58% PIMCO Dynamic Credit & Mort ( PCI ): -0.63%...

PIMCO recently released their July distribution coverage figures, creating a lot of consternation in the income investor community. In this article, we discuss some of the surprises of the release, particularly in the taxable space. We continue to maintain an allocation to the High Income Fund...

As we write this, the broader market, as represented by the S&P 500, posted an all-time high once again. In a sense, it marked an end to the shortest bear market in U.S. history. The broader market continues to defy gravity in the face of many challenges that still remain in the real eco...

The PIMCO High Income Fund ( PHK ) is easy to dismiss - it has a history of cutting distributions, its NAV has lagged other funds out of the drawdown and its recent distribution coverage trend is poor. It is also true that the fund is unlikely to outperform if we see an extension of the curren...

PIMCO High Income Fund (NYSE: PHK ) declares $0.048/share monthly dividend , in line with previous. Forward yield 11.13% Payable Sept. 1; for shareholders of record Aug. 13; ex-div Aug. 12. See PHK Dividend Scorecard, Yield Chart, & Dividend Growth. More news on: PIMCO Hi...

Author’s note: This article was released to members of CEF/ETF Income Laboratory on July 27, 2020. Please check latest data before investing. Chemist's "Quality" Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 50...